Day after Piyush Goyal snub, Amazon commits to create one million new jobs in India by 2025

Bezos also said more than 60,000 businesses are exporting ‘Make in India’ products globally with cumulative exports exceeding USD 1 billion.

   
Day-after-Piyush Goyal snub-Jeff-Bezos

Amazon on friday said it plans to create one million new jobs in India by 2025, in an attempt to firefight comments from Commerce & Industry Minister Piyush Goyal on the firm not doing a favour to the country by making the investments

Amazon founder and CEO Jeff Bezos, in a statement on Friday, said the company plans to create one million new jobs in India over the next five years. The new jobs – created both directly and indirectly – will be across industries, including IT, skill development, content creation, retail, logistics, and manufacturing.

“We’ve seen huge contributions from our employees, extraordinary creativity from the small businesses we’ve partnered with, and great enthusiasm from the customers who shop with us – and we’re excited about what lies ahead,” Bezos said in the statement on Friday

Bezos, who is in India this week, had on Wednesday announced USD 1 billion (over Rs 7,000 crore) investment in the country to help bring small and medium businesses online and committed to exporting USD 10 billion worth of India-made goods by 2025

“Amazon’s job creation commitment and investment in traders and micro, small and medium enterprises (MSMEs) complement these social inclusion and social mobility efforts by creating more opportunities for people in India to find employment, build skills, and expand entrepreneurship opportunities,” the statement added

The company’s new investments will help hiring talent to fill roles across the company in India, including software development engineering, cloud computing, content creation, and customer support, it said

The investments, Amazon said, will also help in expanding growth opportunities for the more than 5.5 lakh traders and micro, small, and medium-sized businesses, including local shops through programs like Saheli, Karigar, and I Have Space.

Since 2014, Amazon has grown its employee base more than four times, and last year inaugurated its new campus building in Hyderabad, Amazon’s first fully-owned campus outside the United States and the largest building globally in terms of employees and space.

In a post on the Amazon India website, Bezos said more than 60 thousand businesses are exporting ‘Make in India’ products globally with cumulative exports exceeding USD 1 billion.

Bezos’ visit has been marked by Competition Commission of India initiating a formal investigation into alleged deep discounts, preferential listing and exclusionary tactics adopted by Amazon and Walmart-owned Flipkart. Many store owners, led by traders’ body Confederation of All India Traders, had also organised protests in 300 cities against online retailers alleging that these e-commerce companies were violating FDI rules and following predatory pricing in India

Concluding his visit on Friday, Jeff Bezos also met top business leaders of India in Mumbai. Industrialists he met included Reliance Industries chairman Mukesh Ambani, SBI chairman Rajnish Kumar, Godrej Group chairman Adi Godrej, Infosys co-founder NR Narayana Murthy, Sunil Mittal of Bharti Airtel, Infosys CEO Salil Parekh, HSBC’s Surendra Rosha, Zarin Daruwala, CEO of Standard Chartered Bank, Xiaomi’s India Head Manu Jain, Bank of America’s Kaku Nakhate 






Trending

layoff

Labour ministry data: 3557 workers affected by lay-offs across India between January and June

ecommerce festival sale

E-tailers poised to clock $7 billion festive month sales in 2020: RedSeer

Changing landscape of healthcare start-ups amidst COVID-19

A changing landscape of healthcare start-ups amidst pandemic

Insurance For MSMEs Is A Key Ingredient Towards Nurturing The Atma Nirbhar Bharat

Insurance for MSMEs is a key ingredient towards nurturing the Atmanirbhar Bharat

How AI and deep learning are becoming artificial eye for visually impaired people

This Indian startup is giving an artificial vision to visually impaired people using AI and Deep Learning

25 - 20 million MSMEs lost jobs

US restrictions on textile imports from China may augur well for India: ICRA

real estate construction

Weak outlook for builders to affect cement and steel demand: Fitch Ratings

ease of doing business

Promotion of industry and internal trade identifying ease of doing business reforms with states

micro industrialization process

Ministry of MSME re-activates micro industrialization process in rural India

indian export piyush goyal

Piyush Goyal: double digit growth in exports show rapid economic recovery

auto sales

India’s 2020 auto sales to decline by 30%: Moody’s

bamboo plantation

Government launches 22 bamboo clusters in 9 States and new logo for NBM